3820 Calle De Las Margaritas, Las Cruces, NM 88005
Share Listing
Listing Type
Multi Family
Listing Status
active
85
$500,000
Home Details for 3820 Calle De Las Margaritas
Price
$500,000
Type
Residential Income
Bedrooms
0
Bathrooms
Square feet
NaN
Year built
1984
Lot size acres
1.09
County
Dona Ana
Garage
Days on site
158
MLS Listing#
2501032
Property Description
Endless possibilities await with this well-maintained fourplex in the peaceful and highly desirable Mesilla Park area. Situated on 1.09 acres with a charming pecan orchard, this property offers quiet country living just minutes from town. Each of the four 1-bedroom, 1-bath units features low-maintenance tile flooring, a full appliance package, and an open-concept kitchen, living, and dining area, with three units upgraded with new mini-split heating and cooling systems for efficient year-round comfort. With separate utility meters and a shared domestic well, this income-producing property is both functional and full of long-term potential. Its very close proximity to NMSU and Burrell College of Osteopathic Medicine makes this a prime rental location- ideal for student housing or short-term Airbnb stays. Beyond traditional rentals, this property offers multiple streams of potential income including pecan orchard harvests, horse training or boarding, and more. A rare opportunity, call me today!